Market Summary

Market continues to trade in a narrow range.

Companies

Apollo Hospitals(+4%) rose after brokerages turned positive post earnings. Adani Enterprise(-4%) plunged after the company announced they are planning to launch a follow-on-public offering to raise Rs 20,000 cr.

Sectors

Nifty Bank(+2%) rose due to strong performance of IndusInd, ICICI and HDFC Bank.Nifty IT(-1%) plunged due to weak performance of Infosys, Wipro, and TCS.

News of The Day

1.Hindustan Motors(+10%) rose after the company signed MOU to enhance the production of eco-friendly vehicles. (Business Today)

2. Zydus Life(+1%) rose after the company received US FDA final nod for Famotidine Injections. (Business Standard)

3. Siemens(-2%) plunged after the company's Q4 results missed market estimates.. (CNBCTV 18)

4.Delhivery(-3%) plunged after the lock-in period for pre-IPO investors ended on Monday( 21st November). (Economic Times)

5. Nykaa (-2%) plunged after CEO Arvind Agarwal resigned. ( Economic Times)

Market Sentiment

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